TL;DR

  • Securitize partners with Wormhole to offer blockchain interoperability, increasing the flexibility and liquidity of tokenized assets.

  • The integration will allow issuers and investors to manage and transfer assets seamlessly across different blockchain networks.

  • The collaboration strengthens institutional adoption of digital assets and facilitates access to new opportunities in decentralized finance.

Securitize, one of the leading platforms in the tokenization of real-world assets, has announced a strategic alliance with the Wormhole Foundation to integrate blockchain interoperability capabilities. This collaboration will allow all tokenized assets on the Securitize platform to benefit from access to different blockchain networks, thereby increasing their liquidity and flexibility for issuers and investors.

Asset tokenization involves converting property rights, such as securities or real estate, into digital tokens that can be transferred and traded on blockchain networks. Thanks to this new alliance, issuers using Securitize’s services will be able to move their tokens across various blockchains without friction.

🌪@securitize brings the world onchain.@wormhole takes it multichain.

Securitize has selected Wormhole as its official interoperability provider for all current and future tokenized assets

Learn more ⤵ pic.twitter.com/Qpkwk4olL6

— Wormhole (@wormhole) September 20, 2024

This opens new possibilities for investors to manage and transfer tokenized assets across a wider range of compatible networks, representing a significant improvement in terms of accessibility and diversification.

According to Carlos Domingo, CEO and co-founder of Securitize, interoperability on public blockchains is crucial to unlocking the true potential of this technology, allowing transactions to be completed quickly and efficiently.

securitize post

Securitize Will Offer Customized Smart Contracts

Domingo also noted that the collaboration with Wormhole will accelerate institutional adoption by offering more agile and cost-effective asset transfer solutions. The customized smart contracts that Securitize will use in this integration will be tailored to the specific needs of each asset manager, ensuring compliance with current regulations and strengthening trust in digital transactions.

Interoperability is one of the biggest challenges in the DeFi world, and this partnership with Wormhole seeks to eliminate the barriers that have made it difficult to move assets between different blockchains.

Wormhole, a platform that has facilitated over a billion cross-chain messages to date, will offer its secure and open-source messaging protocol to power these transactions. According to Robinson Burkey, co-founder of the Wormhole Foundation, this collaboration will not only solidify both companies’ positions but will also mark a milestone in the convergence of traditional and decentralized finance.